BP Plc Can Have A Sigh, Leak is Closed.

After U.S. officials confirming that the leaks pose no threat, BP Plc have plans to keep their Macondo oil well in the Gulf of Mexico shut for the day.

Though some minor amounts of methane is leaking out, the officials found it to be inconsequential. Also, the pressure inside the well is slowly increasing indicating that BP Plc wont need to reopen it to remove more oil. Oozing of oil found 1.9 miles away from the incident zone is not from the well itself.

On 15^th July, BP closed the valves on top of Macondo to test to determine the functionality of the well closure, which kept on leaking for continuous three months since the explosion on April 20^th at Deepwater Horizon drilling rig. When measured yesterday, pressure metered at 6,881 pounds per square inch.

Building up of the pressure is a good sign, as per Darryl Bourgoyne, at Louisiana State University. However, the seeps found nearby could be biogenic, created by bacterial activity.

In the stock market, BP experienced some sigh as their shares rose 2.9 percent in London trading and when closed it stood at 386.15 pence.